This new volume in the Blackwell Encyclopedia of Management volume set: the Blackwell Encyclopedia of Entrepreneurship, especially commissioned for the second edition from editors Michael A Hitt and R Duane Ireland, charts the key concepts and frameworks in the growing field of Entrepreneurship. The volume covers: 'creative destruction'; competitive dynamics; real options; social capital; corporate entrepreneuship; risk management; franchising; succession planning; location effects; spinoffs; and product innovation.